A ________ is composed of all the job specializations that an organization requires to produce its goods and services

The income-elasticity coefficient for Zulu doll is 1.2, which means the demand for Zulu doll will ________

A) increase 1.2 percent for every 1.0 percent increase in income B) decrease 1.0 percent for every 1.2 percent increase in income C) decrease 1.2 percent for every 1.0 percent increase in income D) remain stagnant since 1.2 is the equilibrium value

Which of the following is a primary cause of gray market activity?

A) a firm's inability to control production and distribution costs B) a significant difference in price between national distributors C) a firm's decision to flood the market with substandard products D) a large price difference between two countries for the same product